Recruiter Robert Walters reveals boost in net fee income for fourth quarter of 2015

 
Hayley Kirton
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Net fee income in the UK was up by five per cent (Source: Getty)

Recruitment consultancy Robert Walters revealed today that it had brought in total net fee income of £59.1m for its fourth quarter ending 31 December 2015, up 10 per cent on a constant currency basis compared to the same period the year before.

The recruiter also announced that net fee income for its UK business was up five per cent year-on-year, going from £19m to £19.9m, although the company noted that permanent recruitment activities, particularly within financial services, had slowed down during the period.

Chief executive Robert Walters called the quarter’s performance “positive” and remarked: “Looking ahead, notwithstanding ongoing global market uncertainty, our strong blend of income streams, our truly global footprint, our powerful brand and experienced senior management team ensures the Group is well positioned for the future.”

Share price for the day finished marginally up by 0.3 per cent at 363p.

The company is due to publish its final results for the year ended 31 December 2015 in March.

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